Thermax, a key player in energy and environmental solutions, has partnered with Ceres Power Limited to revolutionize green hydrogen production in India. The alliance includes a global license agreement granting Thermax the rights to manufacture, sell, and service stack array modules (SAM) utilizing Ceres Power's advanced solid oxide electrolysis cell (SOEC) technology. This collaboration will focus on developing efficient SOEC electrolyser modules, with a goal of achieving up to 25% higher efficiency compared to traditional electrolysis technologies. The initiative aims to address the decarbonization needs of challenging sectors such as ammonia, steel, refineries, and chemical production by utilizing waste heat recovery and industrial process heat. Thermax plans to leverage its expertise in thermal management to produce pressurized SAM and design balance of modules (SBM) crucial for large-scale SOEC electrolyser modules. Furthermore, the company intends to establish a dedicated manufacturing facility for these electrolysers, supporting India's target of 5 million metric tonnes of green hydrogen by 2030. The CEOs of Thermax and Ceres Power expressed excitement about the partnership, highlighting its potential to drive industrial decarbonization, accelerate the energy transition, and support the growth of green hydrogen, steel, and ammonia production in India.